How important is This Weekly Candle close today ? VERY

Really simple to see.
On 2 previous occasions this cycle, were the PA has reached down and touched the 50 Week SMA (Red), it started the next week with a Push and followed with a Green week Candle.

Yesterday, PA dropped below that 50 SMA and today, it has risetn o sit on it, leaving a wick lower, like on the other occasions.

Zoomed in is easier to see


WE NEED TI KEEP THIS

This chart shows us two other things we should pay attentin to.


First is that the day count above is the expected point where the ATH is reached on a cycle, using the average of previous cycles, from when the 50 SMA rises above the 100 ( blue) and goes to ATH.
We had the current ATH Ver near this point.

Secondly, That Blue Arc is the Arc f resistance that has rejected EVERY ATH since BTC started.
We need to rise above this this cycle or PA will be driven down into Negativity, as shown below


I have NO DOUBT we can do this
But we need to start by keeping the PA above that 50 week SMA

All eyes on BITCOIN